Mobile Telesystems OJSC (NYSE: MBT) reported earnings on Nov. 14. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended Sep. 30 (Q3), Mobile Telesystems OJSC beat slightly on revenues and missed estimates on earnings per share.

Compared to the prior-year quarter, revenue contracted and GAAP earnings per share grew significantly.

Margins increased across the board.

Revenue details
Mobile Telesystems OJSC recorded revenue of $3.13 billion. The four analysts polled by S&P Capital IQ hoped for sales of $3.10 billion on the same basis. GAAP reported sales were 4.4% lower than the prior-year quarter's $3.27 billion.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
EPS came in at $0.32. The one earnings estimate compiled by S&P Capital IQ averaged $0.50 per share. GAAP EPS of $0.63 for Q3 were 75% higher than the prior-year quarter's $0.36 per share.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Margin details
For the quarter, gross margin was 71.6%, 30 basis points better than the prior-year quarter. Operating margin was 26.6%, 50 basis points better than the prior-year quarter. Net margin was 20.1%, 910 basis points better than the prior-year quarter.

Looking ahead
On the bottom line, the average EPS estimate is $0.36.

Next year's The average EPS estimate is $1.42.

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Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor of Motley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. The Motley Fool has no positions in the stocks mentioned above. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.